Hi, everyone. Super-newbie here. Nice to meet you all.
Where do you get your trading data/info from? I mean, where do you go for your current currency rates, economy stats, news, and so forth? I guess a one-stop shop would be nice, but if you have multiple sources, that would be great as well. As I’m new to this and learning, I would like to begin assembling my sources as I don’t know how and where to go. Currently in pipsology school.
Cheers!
Longshot
My bad, everyone; didn’t search the threads properly as others have posted on this topic.
did you get the information all under one roof please provide it to me also facing same problem
Hi, prku4699. Please see below under ‘similar threads’. As a matter of fact, I, too, am starting to assemble news outlets and data feeds, but recently I spotted this thread which indicates the opposite for newcomers instead of going nuts on sources, and I trust the traders here that actually offer advice which seems honest.
http://forums.babypips.com/newbie-island/39634-pure-price-action-dummies.html
Cheers
Thanks for providing the information we need to go through it later and am looking forward to it,
Hi Prku4699,
Maybe you have to ask yourself first what kind of trader you want to be. Trading based on fundamentals (longterm trader / position trader) or technical trader (short and medium term trader). If you, as most of us here, decided to become a technical trader, why would you bother about the fundamentals besides the moment that they are announced (important news like NFP and interest rates statements). Your strategy is based on technical charts, with or without technical indicators, which provide you entry signals (I m or ay hope!!!).
As a analogy: if you’re driving a car and the light of the oil level is lightening up. Do you have to know everything about the function of oil within the motor and even do you have to know in detail every thing about the internal working of the motor, or is the lightening up of your oil is given you a signal to take action. In this case, stop the car and check your oil level!
My to copycat way to generate passive income!!